NYSE$YOU
Clear Secure Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Clear's Q3 2024 performance was marked by revenue growth, increased bookings, and strategic expansions in identity verification solutions.
Clear Secure, Inc. reported strong Q3 2024 financial results, with revenue increasing by 23.7% to $198.4 million and total bookings growing by 18.7% to $227.5 million. The company saw growth in total cumulative enrollments and platform uses, as well as active CLEAR Plus members. CLEAR also focused on expanding its secure identity network through enterprise integrations and new product launches.
- Revenue increased by 23.7% to $198.4 million, and total bookings grew by 18.7% to $227.5 million.
- Total cumulative enrollments reached 26.5 million, driven by growth in CLEAR Verified and CLEAR Plus enrollments.
- Active CLEAR Plus Members increased to 7.2 million, up 12.2% year-over-year.
- The company repurchased 4 million shares and continues to optimize the CLEAR Plus member experience.
Headline financials
Revenue & EPS history
Clear · Revenue · Quarterly
$198M
Forward guidance
The company expects fourth quarter 2024 revenue of $202-$204 million and Total Bookings of $224-$226 million. For the full year of 2024, they expect to deliver expanding margins and Free Cash Flow growth of at least 40% versus 2023.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
+2.3%
Avg return
Earnings day
+4.8%
Avg return
5 days after
+3.4%
Avg return
30 days after
53%
10 / 19 earnings
Positive
+39.3%
Q4 2025
Best reaction
-10.7%
Q2 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.7% | -3.3% | -8.3% | |
| Q4 2025 | +39.3% | +43.5% | +41.7% | |
| Q3 2025 | +0.8% | +17.2% | +5.4% | |
| Q1 2025 | -0.2% | -4.2% | +2.7% | |
| Q4 2024 | -6.5% | +0.0% | +11.7% | |
| Q3 2024 | -0.3% | -24.6% | -25.7% | |
| Q2 2024 | -9.6% | +13.3% | +42.3% | |
| Q1 2024 | +0.2% | -3.8% | -5.4% | |
| Q4 2023 | +4.5% | +2.7% | +15.5% | |
| Q3 2023 | -1.0% | +10.1% | +25.1% | |
| Q2 2023 | -0.1% | -0.7% | -5.7% | |
| Q1 2023 | +3.7% | -1.1% | +2.5% | |
| Q4 2022 | -6.2% | -4.6% | -14.9% | |
| Q3 2022 | +2.9% | +25.1% | +22.9% | |
| Q2 2022 | +3.4% | -5.1% | -14.3% | |
| Q1 2022 | +12.3% | +36.6% | -7.8% | |
| Q4 2021 | +10.0% | +14.0% | +34.3% | |
| Q3 2021 | -2.2% | -14.2% | -41.8% | |
| Q2 2021 | -10.7% | -9.0% | -15.5% | |
| Q1 2021 | — | — | — | |
| Q4 2020 | — | — | — | |
| Q3 2020 | — | — | — | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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